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Juhi, Julie and Jimi are partners of a firm whose total capital isRs. 4,00,000. Their capital ratio is 5: 3: 2. The firm pays interest on capital at 6 % p.a. If partner Jimi has received Rs.1,24,800 inclusive of interest on capital, then find out the amount to be received by partner Juhi inclusive of interest on capital.?
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Juhi, Julie and Jimi are partners of a firm whose total capital isRs. ...
Calculation of Juhi's share of interest on capital:
- Given total capital of the firm = Rs. 4,00,000
- Capital ratio of partners = 5:3:2
- Let the capital of Juhi, Julie, and Jimi be 5x, 3x, and 2x respectively
- Total capital = 5x + 3x + 2x = 10x = Rs. 4,00,000
- Therefore, x = Rs. 40,000

Calculating interest received by Jimi:
- Interest rate = 6%
- Jimi's capital = 2x = 2 * Rs. 40,000 = Rs. 80,000
- Interest received by Jimi = 6% of Rs. 80,000 = Rs. 4,800
- Total amount received by Jimi = Rs. 80,000 (capital) + Rs. 4,800 (interest) = Rs. 84,800

Calculating Juhi's share of interest:
- Total interest paid by the firm = Rs. 84,800
- Juhi's capital = 5x = 5 * Rs. 40,000 = Rs. 2,00,000
- Juhi's share of total capital = 5/10 * Rs. 84,800 = Rs. 42,400

Amount to be received by Juhi inclusive of interest on capital:
- Juhi's share of interest = Rs. 42,400
- Total amount to be received by Juhi = Juhi's capital + Juhi's share of interest
- Total amount = Rs. 2,00,000 (capital) + Rs. 42,400 (interest) = Rs. 2,42,400
Therefore, the amount to be received by partner Juhi inclusive of interest on capital is Rs. 2,42,400.
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Juhi, Julie and Jimi are partners of a firm whose total capital isRs. 4,00,000. Their capital ratio is 5: 3: 2. The firm pays interest on capital at 6 % p.a. If partner Jimi has received Rs.1,24,800 inclusive of interest on capital, then find out the amount to be received by partner Juhi inclusive of interest on capital.?
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Juhi, Julie and Jimi are partners of a firm whose total capital isRs. 4,00,000. Their capital ratio is 5: 3: 2. The firm pays interest on capital at 6 % p.a. If partner Jimi has received Rs.1,24,800 inclusive of interest on capital, then find out the amount to be received by partner Juhi inclusive of interest on capital.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Juhi, Julie and Jimi are partners of a firm whose total capital isRs. 4,00,000. Their capital ratio is 5: 3: 2. The firm pays interest on capital at 6 % p.a. If partner Jimi has received Rs.1,24,800 inclusive of interest on capital, then find out the amount to be received by partner Juhi inclusive of interest on capital.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Juhi, Julie and Jimi are partners of a firm whose total capital isRs. 4,00,000. Their capital ratio is 5: 3: 2. The firm pays interest on capital at 6 % p.a. If partner Jimi has received Rs.1,24,800 inclusive of interest on capital, then find out the amount to be received by partner Juhi inclusive of interest on capital.?.
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